Over the past decade, behavioral health has emerged as one of the
fastest growing sectors in healthcare. National expenditures on mental
health and substance abuse treatment are projected to reach $239 billion
in 2014, a compound annual growth rate of over 6% since 2003. The
prevalence of behaviora health disorders is staggering and more common
than most understand, with approximately 26% of Americans aged 18 and
older suffering from a diagnosable mental disorder. However, the more
shocking metric is that less than half of these individuals receive
proper treatment.

This report outlines TripleTree's views on the behavioral health
landscape, including patient populations, delivery models, and funding
sources; and evaluates the critical need for integrated delivery models
that address the entire individual rather than a specific, standalone
condition.

"Today, the behavioral healthcare market sits at an important inflection
point. While the demand for mental health and substance abuse services
is reaching unprecedented highs, the supply of services/providers across
the behavioral health continuum is neither sufficient nor optimally
aligned with the broader care continuum to drive improved outcomes at
lower costs," said Chris Hoffmann, Senior Director and Chief Marketing
Officer at TripleTree. "This is our most recent report in a series
devoted to healthcare services and follows our Q4
2013 publication on Post-Acute Care Strategies."

TripleTree is an independent merchant bank focused on mergers and
acquisitions, financial restructuring, and principal investing services.
Since 1997, the firm has advised and invested in some of the most
innovative, high-growth businesses in healthcare.